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Updated about 5 years ago on . Most recent reply

Unique Security Deposit Situation
Scenario:
I closed on a duplex Mid-December and the Seller has stayed in a unit until March 1st. This was planned as his new place wasn’t going to be ready until Spring and it helped me not have a vacancy right away.
He paid prorated December, Jan and Feb rent, and a one months security deposit. I also made him sign a lease and he recently signed a notice to vacate.
Therefore, my question is since I wasn’t able to do a Move-In Checklist, do I have any leverage to deduct from his security deposit if I find major damages? What are my options and has anyone else encountered his scenario?
Thank you in advance!
Most Popular Reply

If you don't have any sort of reference point, it will be difficult to charge any damages to them. Obviously if they leave a bunch of stuff behind that you have to dispose of that would be chargeable but otherwise be prepared to return the full deposit.